Invesco Municipal Total Risk Alpha
| VMO Stock | | | USD 9.48 0.03 0.32% |
The Total Risk Alpha profile for Invesco Municipal Opportunity is based on historical price and volume observations. The
Equity Screeners framework provides wider technical analysis context. Invesco Municipal has a market cap of 646.08 M, operating margin of 88.52%, current ratio of 0.94.
World Market Map can help frame allocation decisions. Invesco Municipal Opportunity can be tracked within a custom portfolio for ongoing monitoring. All figures are based on reported data and are informational in nature. Broader economic conditions can influence Invesco Municipal Opportunity's company valuation — related indicators include
signals in state.
Invesco Municipal Opportunity has current Total Risk Alpha of 0.0337. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.0337 | |
| ER[a] | = | Expected return on investing in Invesco Municipal |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Invesco Municipal |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Invesco Municipal Opportunity is rated
below average in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
88.94 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Invesco Municipal Opportunity sits at
88.94 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Invesco Municipal to Peers
Other Technical Indicators